1-bed · 1,114 sqftMada Residences, Downtown Dubai · 12th floor · completed 2018

1206, Mada Residences

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 20 July 2026
Last soldAED 1.8M15 July 2024
Current rentAED 108K /yr20 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Mada Residences

What is 1206 worth today?

Last sold for AED 1,800,000 in 2024

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20 Jul 2026RentedRenewal
AED 107,566/yr13 months · AED 97 per sqft
20 Jul 2025RentedNew contract
AED 120,000/yr12 months · AED 108 per sqft
20 Jul 2024RentedRenewal
AED 120,000/yr12 months · AED 108 per sqft
15 Jul 2024SoldReady
AED 1,800,000AED 1,616 per sqft
20 Jul 2023RentedNew contract
AED 120,000/yr12 months · AED 108 per sqft
20 Oct 2022RentedNew contract
AED 78,650/yr12 months · AED 71 per sqft
20 Oct 2020RentedNew contract
AED 65,000/yr12 months · AED 58 per sqft
12 Feb 2019RentedNew contract
AED 95,000/yr13 months · AED 85 per sqft

Source: Dubai Land Department. Updated 20 July 2026.

Key facts

Type
1-bed apartment
Size
1,114 sqft
Floor
12th of 36
Parking
P4-70
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 24,100 /yr
Last sold
AED 1.8M · July 2024

About 1206, Mada Residences

1206 is a one-bedroom apartment of 1,114 sqft on the 12th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . It last sold on 15 July 2024 for AED 1,800,000, or AED 1,616 per sqft, in line with the AED 1,610 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 20 July 2026, is AED 107,566 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 24,100 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical one-bed in Mada Residences
1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,727,058; 2018 AED 1,237,081; 2019 AED 1,350,000; 2022 AED 1,670,000; 2023 AED 1,500,000; 2024 AED 1,650,000; 2025 AED 2,000,000Sold by developer, March 2016: AED 1,987,431 (AED 1,784 per sqft)Sold, July 2024: AED 1,800,000 (AED 1,616 per sqft)

1206 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1206, each contractTypical one-bed in Mada Residences
75K100K125K2018202120242027Typical rent by year: 2018 AED 86,000; 2019 AED 85,000; 2020 AED 71,000; 2021 AED 70,000; 2022 AED 80,000; 2023 AED 92,500; 2024 AED 104,750; 2025 AED 110,000; 2026 AED 108,636New contract, February 2019: AED 95,000 a yearNew contract, October 2020: AED 65,000 a yearNew contract, October 2022: AED 78,650 a yearNew contract, July 2023: AED 120,000 a yearRenewal, July 2024: AED 120,000 a yearNew contract, July 2025: AED 120,000 a yearRenewal, July 2026: AED 107,566 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Mada Residences, and where 1206 sits

All 55 1-beds →

1206 last sold in July 2024 at AED 1,616 per sqft, in line with what one-beds in Mada Residences were fetching at the time (AED 1,610). Over the last 12 months one-beds sold for AED 1,580,000 to 2,150,000, around AED 1,922 per sqft, and rent for AED 72,500 to 150,000 a year. 1206's AED 107,566 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Apr 20262,150,000
9 Feb 20261,580,000
28 Jul 20252,000,000
14 Jul 20252,150,000
2 1-bed sales in the last 12 months

Mada Residences

Building

192 apartments, 1-bed to 4-bed over 36 floors in Downtown Dubai, completed in 2018 by Artar Real Estate Development . 17 sold in the last 12 months.

Typical price per sqft
AED 1,821 Up 0.3%
Typical sale
AED 3.66M
Typical rent
AED 149K /yr
Typical yield
5.6%
Mada Residences, Downtown Dubai: prices, sales and rents →

Other units on the 12th floor

All 192 units in Mada Residences
Value
12011-bedAED 1.73M · Apr 2025
12021-bedAED 1.88M · Jun 2016
12032-bedAED 2.73M · Oct 2016
12041-bedAED 1.62M · May 2016
12051-bedAED 2M · Apr 2025
12072-bedAED 2.64M · Jul 2016
12081-bedAED 1.74M · Jun 2016
1–7 of 8

1206, Mada Residences in numbers

  • Sold twice: first on 27 March 2016 for AED 1,987,431, last on 15 July 2024 for AED 1,800,000 (AED 1,616 per sqft).
  • Rented since February 2019 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 65,000 in 2020 and recovered to AED 107,566 by July 2026.
  • At AED 107,566 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 24,100 a year (AED 21.66 per sqft).
  • One-beds in Mada Residences sold for AED 1,580,000–2,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,821 per sqft.

Source: Dubai Land Department. Updated 20 July 2026.

Questions about 1206, Mada Residences

What did unit 1206 last sell for?

AED 1,800,000 on 15 July 2024: AED 1,616 per sqft for 1,114 sqft. The unit has 2 registered sales; the first was AED 1,987,431 in March 2016.

What is the rent for unit 1206?

AED 107,566 a year on the contract renewed on 20 July 2026. The previous contract, from July 2025, was AED 120,000; the unit has been rented since February 2019.

How big is unit 1206?

1,114 sqft (103.5 sqm): a one-bedroom apartment on the 12th floor of a 36-storey tower completed in 2018.

What is unit 1206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mada Residences sold for AED 1,580,000 to 2,150,000 in the last 12 months, around AED 1,922 per sqft.

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Mortgage on 1206, Mada Residences

Starts from the last sale price (AED 1.8M, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →